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Quad/Worldcolor Deal to be Finalized in July


June 11, 2010
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Quad/Graphics, in announcing this week that it has received clearance to be listed on the New York Stock Exchange, with plans to begin trading after the completion of the Worldcolor acquisition. The shares are scheduled to begin trading on July 6, 2010.

The company has already received approval from the Minister of Industry under the Investment Canada Act and needs a final order from the Quebec Superior Court pursuant to the Canada Business Corporations Act (expected June 28), as well as final Worldcolor shareholder approval, scheduled for June 25.

If those details, along with customary closing conditions, are met, the company says it anticipates the transaction to complete July 2, 2010.

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Quad/Graphics announced its intention to acquire Worldcolor in January. Worldcolor and Quad/Graphics had aggregate
non-audited revenues of US$5.1 billion – for the 12-month period ended
September 30, 2009 – and aggregate non-audited, adjusted EBITDA of
US$647 million.

Current Worldcolor CEO Mark Angelson will stay on to help consolidating the two companies.